| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $81M | $87M | 12.8% | 4.7% |
| Op. Income | -$21M | -$9M | -$6M | -133.4% | -225.7% |
| Gross Margin | 50.9% | 50.2% | 53.4% | 0.7pp | -2.5pp |
| Net Margin | -23.6% | -11.8% | -7.2% | -11.8pp | -16.4pp |
| EPS (Diluted) | $-0.54 | $-0.24 | $-0.16 | -125.0% | -237.5% |
| Free Cash Flow | $14M | $164.0K | $8M | 8654.9% | 90.9% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $46M |
| R&D Expenses | $8M |
| Selling & Marketing | $26M |
| General & Administrative | $10M |
| SG&A Expenses | $37M |
| Other Expenses | $23M |
| Operating Expenses | $67M |
| Cost & Expenses | $112M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $901.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$398.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $8M |
| EBIT | -$21M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$559.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $540.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $55M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $44M |
| Goodwill | $159M |
| Intangible Assets | $111M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $369M |
| TOTAL ASSETS | $533M |
| Account Payables | $40M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $382.0K |
| Additional Paid-In Capital | $599M |
| Retained Earnings | -$211M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $378M |
| Minority Interest | $0 |
| TOTAL EQUITY | $378M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $65M |
| Net Debt | $20M |
